The China model is actually pretty similar to the VC model, except with the government as the venture capitalist. I don't know whether it will work out for the

The China model is actually pretty similar to the VC model, except with the government as the venture capitalist. I don't know whether it will work out for them or not, but one thing China has going for it is a higher level of pragmatism than most countries and the political power to make things happen.